IBM Cuts Outlook As AI Spending Hits Its Mainframe Business
IBM cut its full-year outlook after customers shifted budgets toward AI infrastructure, hurting mainframe sales and older enterprise spending.
Tag: ai infrastructure
Alphabet Q2 2026 Earnings: Google Cloud, AI Spending And Search
Alphabet Q2 2026 earnings show how Google Cloud, AI infrastructure spending and Search are shaping Google parent Alphabet.
OpenAI’s AI Infrastructure Bill Reportedly Swells To $750B
OpenAI reportedly expects to spend $750 billion on AI infrastructure through 2030 as Project Camellia pushes the compute race deeper ...
Nvidia Vera Rubin Push Shows The AI Data Centre Race Is Now Full-Stack
Nvidia is positioning Vera Rubin as a full-stack AI factory platform, pushing beyond GPUs into CPUs, networking, racks and performance ...
Microsoft And Mistral Sign Multibillion-Dollar European AI Deal
Microsoft and Mistral are expanding their AI partnership with European GPU capacity, Mistral models in Microsoft Foundry and sovereign AI ...
New York Puts AI Data Centres On Pause As Power Grid Anxiety Grows
New York has paused new large data centre permits for up to a year, turning AI infrastructure growth into an ...
US Eases AI Chip Export Controls For The UAE As Gulf Compute Race Accelerates
The US has eased export controls for the UAE, a move that could speed up AI chip exports and data ...
Raxio Crosses US$380m In Committed Capital As Africa’s Data Centre Race Heats Up
Raxio has topped US$380 million in committed capital, adding fresh momentum to Africa's fast-growing data centre and AI infrastructure market.
Anthropic Strikes Surprise Compute Deal With Elon Musk’s xAI and SpaceX
One of the most surprising alliances in the AI industry just became official. Anthropic has announced a major compute partnership ...
Meta to Spend up to $27b on Nebius AI Infrastructure
Meta Platforms is planning to spend up to $27 billion on artificial intelligence infrastructure from cloud provider Nebius, highlighting the ...